For lease administration and legal teams

Every option, renewal, and notice deadline, tracked and actioned.

REAL tracks every critical date across the portfolio against the clause that created it, and drafts the notice itself in time to act.

Why it matters

An AI lease administrator that never lets a deadline slip past the window your team had to act on it.

Every option, renewal, termination, and co-tenancy notice is tracked against its source clause and required notice period, so the decision to act is made with time to spare, not under deadline pressure.

1.2B sq ft

analyzed across enterprise portfolios

8M+

tasks processed across enterprise portfolios

14%

average cost reduction across existing REAL clients

01

Every date across the portfolio, in one calendar.

Options, renewals, terminations, rent commencement dates, and co-tenancy notice windows across every lease, consolidated into a single view instead of scattered across abstracts and spreadsheets.

Critical date calendar

Renewal option · Denver Flagship

62 days

Termination window · Austin East

118 days

Co-tenancy notice · Tampa Crossing

9 days

Sorted by urgency across the portfolio

02

Notice periods calculated from the clause, not a guess.

Required notice periods vary by clause and jurisdiction. REAL calculates the actual window from the lease language itself, so a date is never flagged too late to act on.

Notice period · §12.3

RequirementDetail

Notice window

180 days prior

Delivery method

Certified mail required

Flagged

Deadline to send

Mar 14, 2027
03

The notice letter, drafted and ready to send.

When a deadline approaches, REAL drafts the notice itself, pre-filled with the party, clause, and required language, so your team reviews and sends instead of writing from a template.

Draft notice · Renewal option

Party and address

Populated

Clause reference

§12.3(a)

Delivery method

Certified mail

Ready for legal review

04

Every deadline tied to what it actually costs.

A missed option or a lapsed termination window has a real financial or occupancy cost. REAL attaches that number to every date, so prioritization is based on impact, not just proximity.

Deadline impact

Missed renewal option

Loses below-market rent

Missed termination window

Locks in 3 more years

Go deeper

Purpose-built for every part of the workflow.

Every workflow, one context

Every workflow gets the full real estate context.

Lease, financial, construction, facilities, and portfolio workflows run on the same asset or location context. What one workflow learns becomes usable by the next, without rebuilding the evidence every time.

Lease Administration

Frequently asked questions

  • Most CAM leakage hides in a few repeatable places: capital expenditures billed into the operating CAM pool, management fees above contractual caps, an incorrect pro-rata share after a GLA change, base year items that should be excluded, and anchor costs allocated to inline tenants. The work is checking each reconciliation against the specific lease terms, exclusions, and caps. REAL runs that check against every lease, flags disallowed charges and cap breaches with the clause attached, and prepares the recovery letter the moment one shows up.

  • Missed dates come from tracking obligations in spreadsheets that nobody owns end to end. The fix is to extract every critical date from the lease itself and watch it against the calendar continuously. REAL abstracts the dates and terms, tracks them across the portfolio, and alerts your team before a renewal, option, or break clause window closes.

  • Most TIA dollars expire unclaimed because the proof is assembled too late. The answer is to track what each lease still owes you and package the evidence as you spend, not after the deadline. REAL tracks remaining allowance per lease, packages the supporting invoices as costs are incurred, and prepares the claim before the submission window runs out.

  • By tracking each obligation against the lease clause that creates it and acting the moment one slips. A missed build-out delivery can trigger rent abatement, a co-tenancy failure can trigger a remedy, a repair on the landlord’s account should never be paid by the tenant. REAL holds every obligation against the lease and triggers the right at the moment it applies, so what you are owed is recovered instead of absorbed.

  • Abstraction is the bottleneck because reading every lease by hand does not scale across hundreds of locations. REAL extracts the dates, financial terms, clauses, and rights from each lease and maps them into a structured record, with every field linked back to the page it came from so your team verifies rather than re-reads.

  • The fields that drive money and risk: critical dates, renewal and termination options, rent steps and escalations, CAM and pass-through terms, co-tenancy and kickout clauses, use and exclusive restrictions, insurance requirements, and landlord work-letter and tenant improvement allowance references. REAL pulls each of these into a structured record with every field linked back to the clause it came from, so the abstract is verifiable rather than just a summary.

  • Manual abstraction is slow and hard to scale, and a generic tool reads a lease with no sense of what matters in one. REAL is grounded in your own lease data and built on real estate domain context, so it tells a kickout clause from a co-tenancy trigger, maps the output into the formats your lease-admin and finance teams already use, links every field to its source, and routes conflicts and uncertainties to a person rather than guessing.

  • REAL gives you one place to ask. Your systems of record stay the source of record, and REAL reads across them, the leases, and the plans, so any question about any location gets one sourced answer. You get the single view teams ask for, without maintaining a second database.

  • REAL handles the documents a real portfolio actually contains: NNN, gross, and modified-gross leases, along with letters of intent, amendments, and work letters, across multi-location portfolios. Scanned, redlined, and inconsistent formats are the expected case, not the exception.

  • Yes. The point of abstraction is to remove manual re-keying, so the output comes out structured: Excel tables, PDF reports, JSON data, and system-import formats that line up with your lease-administration and project tools. The abstract goes back into the systems your team already works in.

  • Risk review reads for non-standard language in the sections that carry the most exposure: termination, default, force majeure, assignment, and liability. REAL flags where a lease deviates from standard, prioritizes the high-impact deviations, and attaches a citation to each, so legal and lease-admin time goes to the clauses that actually matter.

Don’t let a deadline decide the outcome for you.

See REAL track every critical date across your portfolio and draft the notice before the window closes.

  • Every date tracked, in one calendar
  • Notice periods calculated from the clause
  • Notice letters drafted and ready to send

Critical Dates & Notices

Frequently asked questions

  • REAL surfaces option, renewal, and termination windows on a rolling schedule tied to each clause’s required notice period, so your team has the full window to decide and act, not just a reminder the week it closes.

  • Both. REAL flags the date against the lease and drafts the notice letter itself, pre-filled with the clause, party, and deadline, so your team reviews and sends rather than writing from scratch.

  • REAL is built to prevent that outcome by surfacing dates well before the deadline. If a window still closes without action, REAL flags the missed date and its financial or occupancy consequence immediately so your team can respond.

Book a Demo